Banking Sector: Analyst Meredith Whitney

Landis82 · Mar 17, 2008

Has this gal been right on the money or what?

She hangs her "hat" at Oppenheimer and has been SPOT ON in regards to this sector for the past 9 months!

She was interviewed on CNBC earlier today and it was one of the most informative interviews on CNBC in ages, literally ages!

http://www.cnbc.com/id/15840232?video=687464429&play=1

CNBC Video interview

ssblack · Mar 17, 2008

I happened to catch this one of her today (don't watch CNBC often). It was so good, I kept waiting for them to cut her off and go to a commercial break. It literally must have been the longest interview on CNBC for quite some time.

I like her!

turkeyneck · Mar 17, 2008

She's long some of the stocks she mentioned.

1flyfisher · Mar 17, 2008

She said today that Lehman is in no trouble. That goes against what the rest of the world/markets seems to think. CNBC shows disclosure if the analyst/brokerage is holding a position. It showed that Oppenheimer is LONG LEH.
I wonder if she is full of it on her defense of Lehman due to her firms position.

turkeyneck · Apr 18, 2008

Does she still stand by her $8 Citi call?

Landis82 · Apr 18, 2008

Quote from turkeyneck:

Does she still stand by her $8 Citi call?

I believe that she said that it could fall to $16 per share in the article below, and that statement by her was made back in late February. Not sure if she has revised that or not.

http://www.crainsnewyork.com/apps/pbcs.dll/article?AID=/20080225/FREE/191179638

turkeyneck · Apr 18, 2008

She said tangible book value for Citi is $8.

scriabinop23 · Apr 18, 2008

Quote from Landis82:

I believe that she said that it could fall to $16 per share in the article below, and that statement by her was made back in late February. Not sure if she has revised that or not.

http://www.crainsnewyork.com/apps/pbcs.dll/article?AID=/20080225/FREE/191179638

If the CDS crisis comes to roost, she's on the money. If the fed entirely averts a recession/defaults, then it goes the other way.

Capablanca · Apr 19, 2008

Well it seems she was wrong about BSC, her later comments at least. Good analysis nonetheless but I do not see why everyone seems so enthused over it.